Sep 26, 2012 6:00am EDT
. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's happening as protests pick up in spain, and you see more concerns coming in greece right now about austerity measures. the german dax is down by about 1.5%. the nikkei in japan was down by 2%. >>> in "sporting news," the atlanta braves are on their way to the postseason in. the boft the ninth against the marlins last night, freddy freeman connected and takes it to straight center for a walk-off homer. exciting.
Sep 28, 2012 6:00am EDT
end. and then -- but if romney wins it, you would see them all extended. is there one that would have a better outcome in your view? >> you know, i think there's a -- there's a tension between two different things here. on the one hand, there's a sense that in the very near term with a weak overall economic performance continuing that raising levels of taxes wherever in the distribution may have some negative effects on economic growth. and then there's a harder long-term question, frankly, which is how tax rates on capital gains, on dividends which feed through a somewhat complicated channel by encouraging various kinds of saving activity and ultimately lowering the cost of capital to businesses and encouraging investment, how that translates into long-term economic growth. that is frankly a difficult chain to try to measure in any precise way, and consequently it's harder to be able to trace through the quantitative impacts on growth to follow through on channels for that. >> to follow-up on that, which plan, do you think it's problematic for the economy at this point to have taxes
Sep 28, 2012 9:00am EDT
an election number. i think that if romney were able to capitalize off something he could capitalize what is obviously a deceleration in the economy and in the election. >> when we come back we're just minutes away from another data point. this is going to be breaking news on consumer sentiment followed by something we've all been waiting for. >>> coming up how many stocks can you talk about and how fast can you do it? see if you can do it better than cramer. six stocks in 60 seconds. when "squawk on the street" returns. ♪ [ male announcer ] introducing a reason to look twice. the entirely new lexus es and the first-ever es hybrid. this is the pursuit of perfection. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when